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American Club sees P&I premium decline on 2024 renewals
Insurance
Combined ratio for the 2023/4 policy year ran 103% at end-2023, ‘with an improving trajectory’.   15 March 2024
Industry veterans launch new $250m E&S insurer targeting SME risks
Insurance
It is backed by key players like RenaissanceRe, PartnerRe, and Starr Insurance.   14 March 2024
CEA feels reinsurance rate relief, but must keep members on the hook
Reinsurance
CEA will prep another revenue bond to maintain member contribution to funding tower.   15 March 2024
Insurance
Ongoing portfolio rejig added ‘substantial’ margin gain to strong rate & low nat cats.   13 March 2024
Insurance
General overcame an extra 1.4 ratio points from nat cat via rate, PYD & discounting.   12 March 2024
Insurance
Repair inflation, the last sticky point in claims costs, is now holding single-digit.   12 March 2024
Insurance
Chubb prepared to ‘shed revenue’ wherever litigation kills casualty rate adequacy.   13 March 2024
Reinsurance
Fleming says it has ‘no obligation’ to close the $277m casualty reinsurance deal.   13 March 2024
Insurance
Loss trends and reserve development create lasting mandate for long tail rate discipline.   14 March 2024
Insurance
CEO highlights reinsurance opportunities; says conditions in long-tail lines ‘more challenging’.   13 March 2024

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